Electrical System – Asset Management

An asset management database will help you manage your electrical system, maximize the return on investments and minimize the total cost of operation.

We can help you manage your electrical system.

What are some key benefits for asset management?

Detailed Inventory

  • Being able to consolidate your assets allows you to quickly see a complete list of every component of your electrical system. This includes equipment diagnostic, nameplate, where it is located, how it is used, and when changes were last made (and what those changes were). Also allows you to identify key components and the impact of potential failures.

Identify Trends

  • When maintenance testing is performed, it is essential to compare current test results with the results from previous years. This comparison can reveal trends that may be indicating problems even though the present year’s results are acceptable in and of themselves allowing you to quickly identify and respond to problems before they cause major issues.

Improve Efficiency

  • Electrical one-line tree view will allow for a true understanding your assets, their capability, lifecycle, upgrade expectations, maintenance requirements, etc. which all allow your electrical system to run more efficiently. Answer questions such as, What can be leveraged before more spending is required? What can be eliminated to save money?

Maintenance Savings

  • Assets need different maintenance requirements at each stage of the lifecycle, so asset management can help ensure that planned maintenance is not overlooked, using predictive maintenance and preventive maintenance schedules. Prioritizing maintenance will ensure you are OSHA/NFPA 70E compliance while avoiding unnecessary and costly unplanned repairs and downtime

The average life expectancy of your electrical distribution system is only 17 years when preventive maintenance is not performed. When your electrical system is cared for, its life expectancy can be 35 years.

All of these benefits, in turn, reduce costs and increase the efficiency of your business.

Let Transworld, Inc. Electrical Contractors help you manage and track your electrical system with our comprehensive electronic asset management database. 

By |2018-12-10T17:43:05+00:00December 10th, 2018|Safety and Energy Saving Tips|Comments Off on Electrical System – Asset Management
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